Deals
Blackstone’s Strategic Capital Group has made a passive, minority investment in Marlin Equity Partners.
Blackstone’s Strategic Capital Group is part of Blackstone Alternative Asset Management (BAAM) and specialises in minority partnerships with leading alternative asset managers. This investment will allow Marlin to continue to invest in and further expand its global investment platform, strengthen the commitment to and alignment with its diversified investor base, and leverage the global resources and capabilities of Blackstone.
Since its inception in 2005, Marlin has rapidly grown to become a leading global investment firm with over USD6.7 billion of capital under management and completed more
Private investment firm Inverness Graham Investments’ portfolio company EiKO Global, a manufacturer of advanced lighting solutions for the commercial and industrial markets, has acquired Xeleum Lighting (Xeleum).
Based in Boynton Beach, Florida, Xeleum manufactures and distributes intelligent LED lighting fixtures and controls.
“The acquisition of Xeleum addresses a growing need both in the marketplace as well as in EiKO’s existing customer base for controls-oriented LED lighting systems,” says Michael Morrissey, Managing Principal of Inverness Graham. “Xeleum and EiKO provide complimentary product offerings that will enable the combined platform to increase wallet share with the existing customers at both companies. We
An affiliate of HIG Capital (HIG), a global investment firm focused on partnering with middle market companies, has entered into a definitive agreement to make a growth investment in business advisory firm Riveron.
Riveron offers a comprehensive suite of consulting solutions to its clients, including accounting advisory (such as technical accounting, implementation of new accounting standards, business combinations and accounting for income taxes), accounting and finance operations (such as audit readiness, operational accounting and finance transformation), capital markets and divestitures (such as IPO readiness, carve-outs and back office stand-up), performance improvement (such as process improvement, technology enablement and earnings enhancement),
Dentons has advised KPS Capital Partners (KPS), a global private equity firm focused on investing across a range of manufacturing industries, on its acquisition of Brunswick Corporation’s leading fitness brands, including Life Fitness, for USD490 million.
Brunswick Corporation’s fitness brands, including Life Fitness, Hammer Strength, Cybex, Indoor Cycling Group, SCIFIT and Brunswick Billiards, manufacture and sell various cardiovascular and strength equipment as well as billiard tables in over 160 countries.
Stephen Levy, partner in Dentons’ UK Corporate team, says: “We’re pleased to support KPS in its acquisition of Brunswick Corporation’s fitness brands – a great match connecting KPS’s global expertise
Audax Private Equity (Audax) has closed its 900th acquisition – Northborough Dental Associates, a dental office in Northborough, Massachusetts by Audax portfolio company 42 North Dental.
The acquisition of Northborough Dental Associates is 42 North’s 21st add-on acquisition under Audax ownership.
“We are proud to have reached this milestone as we approach the 20th anniversary of Audax,” says Keith Palumbo, Managing Director at Audax. “Add-on acquisitions are central to our Buy & Build strategy and reaching our 900th acquisition is a testament to Audax’ commitment to our Buy & Build philosophy.”
Young Lee, Managing Director of Audax, adds: “We partner
OpenFin has raised USD17 million in Series C funding from major banks and leading Fintech investors. The funding round was led by Wells Fargo with participation from Barclays and existing investors including Bain Capital Ventures, JP Morgan and Pivot Investment Partners.
The Series C round brings OpenFin’s total amount of venture funding to USD40 million. Proceeds from the financing will be used to make OpenFin OS ubiquitous on financial desktops and to fund further product innovation. This includes OpenFin’s new Cloud Services offering, which enables banks, asset managers, wealth managers and hedge funds to provide their own private app stores
KPS Capital Partners (KPS) is to acquire Howden from Colfax Corporation for an enterprise value of USD1.80 billion, comprising USD1.66 billion in cash consideration and USD0.14 billion in assumed liabilities and minority interest, subject to customary closing adjustments.
Howden is a leading global provider of mission critical air and gas handling products and services to the industrial, power, oil & gas, and mining industries. Based in Glasgow, Scotland, Howden has a 160 year heritage as a world-class application engineering and manufacturing company with a presence in 32 countries. Howden manufactures highly engineered fans, compressors, heat exchangers, steam turbines, and other
Panoramic Growth Equity has sold portfolio company Quill to French media group Webedia.
Quill’s production model combines a global network of over 2,400 freelance copywriters with an advanced technology platform, allowing it to create highly effective content in any language, at unparalleled speed and scale.
It has rapidly established itself as the leader in the ecommerce content production sector, with flagship global clients including Tommy Hilfiger, Louis Vuitton, eBay, Google and Amazon.
Since its launch in 2011, Quill has raised investment from Smedvig Capital, Panoramic Growth Equity, and an influential group of digital entrepreneurs who have previously backed
NPIF – Maven Equity Finance, managed by Maven Capital Partners (Maven) and part of the Northern Powerhouse Investment Fund, has invested in Bolton-based e-learning company, Digital Training Solutions (DTS).
A total of GBP125,000 was invested from NPIF – Maven Equity Finance with a further GBP125,000 invested by the Angel investment division of The Growth Company, GC Angels. The funding will enable the business to continue to develop its software, support its marketing strategy and create up to 17 new jobs over the next two years.
DTS delivers innovative eLearning content development that combines realistic video scenarios with interactive gaming
Mid-market private equity firm LDC has invested significantly alongside senior managers in MSQ Partners, a UK marketing communication group, in a deal that values the business at around GBP37.5 million.
MSQ Partners says the investment will enable the group to accelerate the roll-out of its successful multi-disciplinary model and support the continued growth of its individual agencies.
The deal marks an exit for NVM Private Equity, which first backed the business in July 2014.
MSQ Partners is a multi-disciplinary group of digital, creative, branding and PR agencies that specialise in marketing communications for consumer and B2B brands and
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
